The number of building permits issued in New Zealand advanced a seasonally adjusted 1.2 percent on month in November, Statistics New Zealand said on Thursday, standing at 3,881.
That follows the upwardly revised 8.9 percent jump in October (originally 8.8 percent).
In the year ended November 2020, the actual number of new dwellings consented was 38,624, up 4.2 percent on year.
The annual value of non-residential building work consented was NZ$7.0 billion, down 6.0 percent from the November 2019 year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.